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ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 98,992.52
ethereum
Ethereum (ETH) $ 3,312.41
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 625.74
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 1.47
binance-usd
BUSD (BUSD) $ 0.994077
dogecoin
Dogecoin (DOGE) $ 0.40483
cardano
Cardano (ADA) $ 0.967445
solana
Solana (SOL) $ 255.28
matic-network
Polygon (MATIC) $ 0.469562
polkadot
Polkadot (DOT) $ 6.30
tron
TRON (TRX) $ 0.200233
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    HomeCrypto Finance

    USDT market share jumps amid financial uncertainty, USDC shrinks

    Crypto Finance
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    By admin
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    Latest News

    The market dominance of stablecoins pegged to the USA greenback has undergone some adjustments over the previous yr. Whereas most of them are in a downward pattern, (USDT) has climbed again to its all-time excessive, knowledge from CoinGecko reveals.

    Up to now 12 months, Circle’s (USDC) has seen its market share decline from 34.88% to 23.05% on the time of writing. Market participation of Binance USD (BUSD) plunged from 11.68% to 4.18% in the identical interval, whereas Dai (DAI) held its participation price at 3.66%, down from 4.05% in Could 2022.

    USD Stablecoins by Market Dominance. Supply: CoinGecko.

    Proceed Studying on Coin Telegraph

    See also  Lawmakers probe Apple’s App Retailer insurance policies on blockchain, NFTs
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